Skip to content
Subscriber Only
Opinion
Tara Lachapelle

Donald Trump, Mexico and MoneyGram

The money-transfer provider and Western Union are leaders in the remittance industry, and Mexico is often on the receiving end.

Donald Trump, as part of his ongoing rhetoric about the wall he wants built along the U.S.-Mexico border, inadvertently targeted American publicly traded companies this time: MoneyGram International and Western Union.

The billionaire Republican presidential hopeful has insisted that the fence, which would hypothetically stretch for 1,000 or so miles, wouldn't cost the U.S. a dime because he'll get Mexico to pay for it. How? Well, until now, he hadn't answered that question. In so many words, former Mexico President Vicente Fox pretty much said that there's a better chance of pigs flying: "I'm not going to pay for that f---ing wall," is how he put it in a Univision interview.